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Visa Q3 2020 Financial Results Summary by Bruno Enrique Silva Andrade is a document available to read on EtoBox.

What is Visa Q3 2020 Financial Results Summary about?

Visa reported its fiscal third quarter 2020 results. Net income was $2.4 billion, down 23% year-over-year. Net revenues were $4.8 billion, down 17% due to declines in payments volume, cross-border volume, and processed transactions resulting from the COVID-19 pandemic. While business drivers declined throughout the quarter compared to the prior year, they improved each month as countries relaxed restrictions. Visa returned $1.6 billion to shareholders through share repurchases and dividends.

Author

Bruno Enrique Silva Andrade

Language

EN